Announcement • Jun 17
Opus One Gold Corp Reports Assay Results from Winter Drilling Program on Noyell Property Opus One Gold Corp. released more assay results from the winter drilling program on its 100% owned Noyell property located in the northern portion of the Abitibi greenstone belt near the town of Matagami, Quebec, Canada. Hole NO-26-21a, the deepest hole drilled so far on Zone 1, returned 11.37 m grading 4.92 g/t gold (true width of 9.08 m). This hole confirms that the high-grade gold mineralization in the Zone 1 area is continuous from surface down to the 700 m level (vertical). This high-grade shoot, along the eastern portion of Zone 1, remains very strong and open at depth. This interval is located on the same cross section but 200 m below the previously released hole NO-26-07 which returned 8.22 g/t gold over 8.5 m (true width: 7.16 m). Zone 2 was not recognized in this hole. Hole NO-26-12 was drilled approximately 150 m to the west of NO-26-21a, in the central portion of Zone 1. Zone 1, intersected at 600 m vertical, returned 4.43 g/t gold over 1.88 m (true width: 1.68 m). This is a better result than anticipated as this portion of Zone 1 was previously interpreted as potentially barren. Hole NO-26-15 was drilled approximately 350 m west of NO-26-21a at almost the same depth. This hole is part of a series of holes aimed at testing a potential vertical extension of Zone 1 in its western portion. Assay results confirm that Zone 1 is weak along the western vector returning 0.84 g/t Au over 1 m (true width: 0.74 m) between 725 and 726 m. So far, no results have been released for the West Zone as very few results have been received to date for that sector of the property, where 5 holes were completed this winter. All core recovered is NQ size. All samples are described, labelled, cut (diamond saw) and bagged at Technominex’ facilities in Rouyn-Noranda. Samples are then shipped to AGAT certified Laboratory in Val D’or for preparation. Sample pulps are then shipped to various AGAT laboratories in Canada for analysis. Samples are assayed for gold using Fire Assay - Trace Au, ICP-OES finish (50g charge). All samples equal or above 10 g/t Au are submitted to ore grade gravimetric finish. Multi element analysis are performed using Aqua Regia Digest - Metals Package, ICP-OES finish. Opus One’s QAQC program consists of one control sample inserted, at Technominex’ facility, after 9 regular samples. Control samples consist of a certified blank and various gold grades certified material. New Risk • Jun 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.74m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.5m free cash flow). Earnings have declined by 10% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.74m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Announcement • May 08
Opus One Gold Corp Releases More Gold Assay Results from Its 2026 Winter Drilling Program on Noyell Opus One Gold Corp. released more assay results from the winter drilling program on its Noyell property located in the northern portion of the Abitibi greenstone belt, Quebec, Canada. Drill Holes NO-26-06, 11 and 13 were drilled to test a possible western extension for Zone 1 at a vertical depth ranging from 350 m to 500 m. Holes NO-26-11 and 13 suffered severe deviation and ended up close to each other. The targets were reached and identified in all three holes but overall, results indicate low to moderate gold grades along the western vector of mineralization. The best result was obtained in hole NO-26-11 which returned 2.29 g/t Au over 3.28 m (true width: 2.63 m). Drill holes NO-26-07 and 10a are infill holes in the center and eastern portion of Zone 1. Hole 7 was drilled along the main vector of mineralization of Zone 1 at a vertical depth of 480 m. Assay results confirmed the quality of the gold bearing structure in that eastern sector of Zone 1 returning 8.22 g/t Au over 8.5 m (true width: 7.16 m). That interval includes an assay of 49.1 g/t Au over 1.34 m. Hole NO-26-10a was drilled in the center of Zone 1, at a vertical depth of 400 m, in a sector that was interpreted to be of lesser potential than the previous hole. Nevertheless, this hole returned an interval grading 5.68 g/t Au over 1.3 m (true width of: 1.08 m). Overall, these results are consistent with Opus One’s 2025 interpretation of the deposit within the Zone 1 area. More drill results will be released in coming weeks as results are slowly being received by the company. So far, no results have been released for the West Zone as very few results have been received to date for that sector of the property where 5 holes were completed this winter. All core recovered is NQ size. All samples are described, labelled, cut (diamond saw) and bagged at Technominex’ facilities in Rouyn-Noranda. Samples are then shipped to AGAT certified Laboratory in Val D’or for preparation. Sample pulps are then shipped to various AGAT laboratories in Canada for analysis. Samples are assayed for gold using Fire Assay - Trace Au, ICP-OES finish (50g charge). All samples equal or above 10 g/t Au are submitted to ore grade gravimetric finish. Multi element analysis are performed using Aqua Regia Digest - Metals Package, ICP-OES finish. Opus One’s QAQC program consists of one control sample inserted, at Technominex’ facility, after 9 regular samples. Control samples consist of a certified blank and various gold grades certified material. An independent qualified person, Pierre O’Dowd P.Geo, has verified and approved the data disclosed, including sampling, analytical, and test data underlying the information or opinions contained in the written disclosure as required by section 3.1 and 3.2 of NI43-101.